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<br /> I <br /> #j. <br /> 'f" /' ) <br /> " <br /> RESOLUTION NO. Sc,1 <br /> , . <br /> STATE OF MINNESOTA <br /> COUNTY OF RAMSEY <br /> VILLAGE OF NE4i BRIGHTON <br /> >'RESOLUTION APPROVING AGREEMENT AND SUBSTITU'l'ION OF SECURITIES <br /> ASSIGNED TO VIIUGE OF mMl BRIGHTON BY PUBLIC DEPOSITORY <br /> " <br /> " ",'WHEREAS ' designation of the First State Bank of New Brighton as de- <br /> posi tory of the public funds of the Village of New Brighton <br /> has heretofore been authorized: <br /> WHEREit.s in consideration of its designation as depository of public <br /> funds", of the Village of New Brighton,. the First State Bank <br /> of New 'Brighton executed agreement, approved. by the Village <br /> Council of New Brighton by Resolution No. 65-65,vhich assigns, <br /> '. transfers, and sets over to said Village certain securities <br /> of the total market value of $245,000: <br /> WHEREAS a new assignment of securities reflects the follOWing pledged <br /> secUrities: <br /> $50,000 Federal Intermediate Cr.edit Banks Due 11/4/68 <br /> $50,000 u. S. Treasury Notes 5/15/71 <br /> $75,000 U. S. Treasur'y Notes 11/15/70 <br /> , $25,000 u. S. Treasury Notes 10/1/69 <br /> " $45,000 U. S. Treasury Notes 11/15/70 <br /> NCl( THEB.EFORE BE IT RESOLVED that the Village Council of New Brighton approves <br /> " the agreement, a copy of which is attached hereto and made a <br /> part thereof, the securities therein specified and the assign- <br /> ment thereof. <br /> 'Ac1opted this L3 4ay of February, 1968. <br /> IlL. <br /> ~ ,-. .?/(i U~~ <br /> Mayor <br /> .....J <br /> ; ;f <br /> '.,' <br /> , -l <br /> ATTEST I;: "<",", . . <br /> ~.- <br /> :'_ P. '~~-R... f <br /> .<.<- -'.' ." <br /> " '/';..,.,.,..._.,'> i{J ",.,.. " -, -.'/'">. <br /> 'V~ (;;/efJ -VIA----. <br /> Village Clerk <br /> ,. ,~ (SEAL) <br /> ~-, , <br /> - ...~, <br />